Plant Equipment and Hire February 2018 | Page 8

WORLD NEWS Alaska State Troopers have seized methamphetamine welded inside a hydraulic engine hoist that was shipped to Ketchikan from Seattle, according to Associated Press. A 53-year-old Ketchikan man was charged with a felony drug count in the case. Officers from the troopers’ statewide drug enforcement unit, the Ketchikan police, and the Coast Guard took part in the investigation at a Ketchikan freight carrier. Troopers say a drug dog located 111g of the drug. Atlas Copco has agreed to acquire the assets of Johannesburg-based Renegade Drilling Supplies, a South African manufacturer and distributor of drilling consumables for mining exploration. The business will be part of the Rock Drilling Tools division in Epiroc, the wholly-owned subsidiary of Atlas Copco that will be listed on the stock exchange in 2018 pending shareholders’ approval. Renegade Drilling manufactures and distributes mining exploration drilling consumables, such as drill rods, in-the-hole tools, and diamond drill bits throughout the southern African region. “We are happy to bring the strong team at Renegade Drilling into our Group,” said Helena Hedblom, president of Atlas Copco’s Mining and Rock Excavation Technique business area. “This acquisition will expand our product portfolio and establish a regional footprint for manufacturing of mining exploration consumables.” 6 FEBRUARY 2018 Three Linden Comansa tower cranes are being used to help build Colombia’s largest infrastructure project: the Ituango hydroelectric power plant. Once the plant starts operating at the end of 2018, it will generate up to 2 400MW of clean energy, nearly twice the 1 240MW output of the San Carlos power plant, currently the country’s largest. The CCC Ituango Consortium, comprising the Colombian construction companies Conconcreto and Coninsa Ramón H, as well as the Brazilian construction company Camargo Corrêa, is carrying out the main civil works on this project for EPM (Empresas Públicas de Medellín, Colombia’s main utilities company), which will involve a 70km-long reservoir. There are currently three The Wacker Neuson Group reported revenue of EUR378.7-million for the third quarter of 2017 — an increase of 20% against the same period in 2016 (EUR315.7-million). The Group’s earnings before interest and tax (EBIT) reached EUR40.0-million, up from EUR20.4- million in 2016, resulting in an EBIT margin of 10.6% (6.5% in 2016). The light equipment segment increased by 14%, while the compact equipment and services segments reported increases of 27% and 11%, respectively. Europe, which accounts for around 75% of the Group’s revenue, reported a 17% increase in revenue for Q3 compared to 2016. Revenues were also up in the Americas (32% compared to 2016) and Asia-Pacific (up 14% from 2016), with Australia emerging as the main growth driver. Revenue for the first nine months of the year rose 13% to EUR1.14-billion, compared to EUR1.01-billion in 2016. EBIT for the same period was up 42% to EUR101.0-million for an EBIT margin of 8.8%, compared to EUR71.1-million and 7% in 2016. Linden Comansa helps build Colombia’s largest hydroelectric power plant The cranes have been assembled on a folding base with travelling system so they can be moved on tracks, thus making the best use of resources. Linden Comansa tower cranes installed on one side of the dam that is being built, which will reach 225m in height. One 20-tonne capacity 21LC450 and one 8-tonne capacity 16LC185 are being used to build a controlled spillway with a design flow of 22 600m 3 /second. Both these cranes have been set up to reach a height of 60 metres and have been assembled on a folding cross base with travelling system so they can be moved on tracks installed on the ground, allowing for better coverage of the site without costly and time-consuming disassembly and reassembly. The third Linden Comansa crane, the 8-tonne capacity 11LC160, was initially set up to help build the tunnel that will provide road access to the spillway, before being moved to assist with the two intake tunnels that will take water from the reservoir to the machine room and turbines. The 11LC160 was set up w